ETAuto CEO Outlook: How the Indian Auto Industry Will Perform in Q2

In a panel discussion at the ETAuto CEO Outlook conducted on Wednesday, experts including Charles Frump, MD Volvo Cars India, Pankaj Dubey, MD Indian Motorcycle India, Rakesh Batra, Partner, EY, Sohinder Gill, CEO, Hero Electric India and Raman Mittal, Executive Director Sonalika Tractors India discussed the growth opportunities and challenges lying ahead in the fiscal year 2019.
Highlights of the Panel Discussion
- GDP and the economic reform programmes of the government are indicating positive signs of recovery.
- Concerns on high taxation on hybrid vehicles saying they practically work as electric vehicles and do not even require the kind of infrastructure that is needed for electric vehicles.
- Experts expressed confidence in the growth of the overall sector in the ongoing fiscal, fuelled by upward trending GDP, higher disposable income and revival in rural demand, among others.25 July 2018, 9:56 PM IST| Duration: 54:48